Appraisal Clients Reconsideration of Value Valuation 
DataMaster
JUNE 2, 2023
Yes, we’re talking about reconsideration of value (ROVs) and revision requests. We know it’s frustrating, you know it’s frustrating, your client probably even knows it’s frustrating. At the most basic level, try to speak to the client as you would if you were face to face.
Appraisal Today
MAY 10, 2024
ROV (Reconsideration of Value) Changes – FHA and GSEs GSE Effective date is August 29, 2024 HUD Effective date is September 2, 2024 Editor’s note: This long section includes, In order: McKissock/Dave Bradley post with a good summary including links to HUD and GSE documents. For appraisers, Section II.D.2.
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Housing Wire
MARCH 9, 2021
The Department of Housing and Urban Development (HUD) has announced that JPMorgan Chase has come to an agreement with a Black homeowner who claimed the bank’s mortgage division – relying on a valuation done by an appraiser – valued her home at an amount lower than its actual worth because of her race.
DataMaster
JUNE 2, 2023
Yes, we’re talking about reconsideration of value (ROVs) and revision requests. We know it’s frustrating, you know it’s frustrating, your client probably even knows it’s frustrating. At the most basic level, try to speak to the client as you would if you were face to face.
McKissock
NOVEMBER 16, 2021
With rapid price growth and price bidding wars in hot real estate markets, an increase in appraisal appeal requests is likely. No matter how meticulous you are or how good your appraisal reports are, inevitably, you’ll receive complaints about some of your appraisals. Pause before responding. Meet deadlines, if attainable.
Appraisal Buzz
JUNE 7, 2021
Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Josh : I am a compliance and valuation consultant based in Colorado. Buzz : Can we have your background in the industry?
Housing Wire
APRIL 6, 2021
Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. Linda had a sizable downpayment but still needed to find a way to close the appraisal gap. She recently had a deal fall apart due to appraisal. How hybrid title and valuations help increase lending efficiency.
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